Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based data management firm. The proceeds were used to refinance the company’s existing bank debt and to support its ongoing growth.
Joseph Petri, Market Manager for Amerisource, stated: “We are pleased to welcome this new client and look forward to a long partnership with them.” Bill Herrington, EVP of Amerisource stated, “We were able to leverage the company’s real estate and working capital assets to provide the capital the company needs to pursue its growth strategy.”